SBI Contra Fund Direct Growth NAV Rises to ₹392.26 on 9 October 2026; Fund Size at ₹47,589 Crore

Key Takeaways

• SBI Contra Fund Direct Growth recorded a NAV of ₹392.26 on 9 October 2026, increasing 0.85% over the valuation day.
• Historical returns were -6.28% over one year, 9.80% annualised over three years and 13.29% annualised over five years.
• The latest fund size stood at ₹47,589 crore with a 0.88% expense ratio, and TREPS represented 6.40% of the disclosed portfolio.

SBI Contra Fund Direct Growth's NAV increased 0.85% to ₹392.26 on 9 October 2026, according to the primary NAV display on 5paisa.

The fund follows a contrarian investment strategy, seeking companies whose market valuations or prevailing investor sentiment may differ from the investment manager's assessment. This approach can result in portfolio exposures that depart from broader market positioning.

The one-year trailing return stood at -6.28%. Over three years, the annualised return was 9.80%, compared with 13.29% over five years.

These figures describe distinct historical periods. The positive movement on 9 October did not change the fact that the latest one-year return remained negative.

The fund-size snapshot showed ₹47,589 crore in assets and an expense ratio of 0.88%. A minimum SIP of ₹500 was displayed, alongside a minimum lump-sum amount of ₹5,000.

TREPS represented 6.40% of the disclosed portfolio, making it the largest overall displayed allocation. This is a short-term money-market position rather than a listed share.

HDFC Bank was the largest displayed listed equity holding at 4.79%, followed by Reliance Industries at 4.67%, ICICI Bank at 4.36% and Biocon at 3.29%.

These five entries, including TREPS, accounted for 23.51% of the disclosed portfolio.

The published risk measures included beta of 0.97 and a Sharpe ratio of 0.37. Such metrics offer historical information about movements and risk-adjusted returns, without predicting subsequent performance.

The 9 October NAV update therefore presents one day's change within a broader, independently measured performance record.